Orco
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Orco Property Group S.A. (ORCO Group, ORCO) is a real estate development company based in Luxembourg, listed on the Euronext in Paris, Prague, Warsaw and Budapest Stock Exchange, it is a subsidiary of CPI Property Group. The Group works in Central Europe since 1991, Orco Property Group’s portfolio includes IPB Real, Mamaison Collection, Viterra Development, Gewerbesiedlungs-Gesellschaft mbH (GSG) and Orco Real Estate. The team consists of over 2500 people from 15 different countries. Orco Property Group become sponsor and manager of the Endurance Real Estate Fund for Central Europe, a Luxembourg–regulated, closed–end and umbrella fund.
The Orco ( , that is lit. Water of gold; ) is an Italian river. It originates on the Piedmontese slopes of Gran Paradiso and after about reaches the Po river near Chivasso, in the Metropolitan City of Turin. Its drainage basin is home to the most important complex of hydropower in Piedmont, consisting of six major dams (Agnel, Serrù, Ceresole Reale, Teleccio, Piantonetto, Valsoera), many smaller reservoirs and numerous turbines and power stations. The Orco is known also for its gold-bearing sand, extracted already in antiquity. Even today there is a certain activity, on an amateur level, searching for grains of gold.
Text derived from https://en.wikipedia.org/w/index.php?oldid=1373270246 under CC BY-SA 4.0; modifications have been made.